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MACD: Slightly bullish crossover forming, but momentum is weak.

OBV (On-Balance Volume): Stable, no strong buying pressure surge.

MA(5) vs MA(10): Short-term MA(5) is slightly above MA(10), indicating short-term bullishness but not strong.

šŸ“ˆ Can It Reach $1.60?

To reach $1.60, WLD would need to:

Break and hold above $1.402 (last peak).

Overcome psychological and technical resistances around $1.45 and $1.50.

Show stronger bullish volume and MACD acceleration.

šŸ” Conclusion:

At this stage, hitting $1.60 soon seems unlikely unless there is:

A strong news catalyst or

A sharp spike in volume and momentum.

The current setup shows mild recovery but not a strong bullish breakout yet. Monitor resistance near $1.25–1.30 — if it breaks cleanly with volume, chances of reaching $1.60 improve.

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